Gaming giant Embracer Group is splitting into three companies
Apr 22, 2024 — Swedish gaming conglomerate Embracer Group announced plans on Monday to split itself into three distinct games and entertainment companies: Asmodee Group, Coffee Stain & Friends, and...
Embracer Group announces its intention to transform into three ...
Apr 22, 2024 — INSIDE INFORMATION: The Board of Directors of Embracer Group AB (“Embracer Group”) today announces a transformative step for value creation through a separation of the group into three market-leading games and entertainment companies: Asmodee Group, “Coffee Stain & Friends”[1] and “Middle-earth Enterprises & Friends”[1].
Embracer to Close Studios, Cancel Games, and Lay Off Staff After …
Embracer Group has announced plans to close studios, cancel games, and lay staff off just weeks after a $2 billion contract deal fell through.
Press releases - Embracer Group
Oct 31, 2024 — Embracer Group receives early payment for sale of Saber assets. 4A Games and Zen Studios will remain within Embracer Group. Embracer Group’s Middle-earth Enterprises and Amazon Games announce new “The Lord of the Rings” Game. THQ Nordic Announces MX …
Embracer was not the one group to rule them all after $2 billion …
Jun 14, 2023 — Embracer Group, which owns IP rights to Lord of the Rings, Tomb Raider, Deus Ex, and Borderlands, announced it would be “restructuring.”
Embracer Group announces comprehensive restructuring …
Jun 13, 2023 — Operational and financial measures to increase cash conversion, improve efficiency and reduce capex, reaching a financial net debt below SEK 10 billion by the end of FY 2023/24. Reducing capex by at least SEK 2.9 billion by FY 2024/25 compared to the run-rate of SEK 7.9 billion in Q4 FY 2022/23.
Embracer Group Stock Drops 40% After $2 Billion Mystery Deal ... - Forbes
May 24, 2023 — Embracer was about to embark on some sort of industry mega-deal to the tune of $2 billion. Then, late last night, it collapsed, which Embracer said was a shock to them, and the news sent their...
Debt-strapped European games group Embracer plans 3-way split
Apr 22, 2024 — Embracer Group, the Tomb Raider developer that became Europe’s most valuable video games business after a rapid series of acquisitions, plans to split into three listed companies as it battles...
Embracer Group to transform into three separate companies
Apr 22, 2024 — Embracer Group has announced its intention to transform into three standalone publicly listed entities: Asmodee Group, Coffee Stain & Friends, and Middle-earth Enterprises & Friends. The three...
‘Lord of the Rings’ Owner Embracer to Separate Into Three ... - Variety
Apr 22, 2024 — “Lord of the Rings” owner Embracer is separating the group into three games and entertainment companies: Asmodee Group, Coffee Stain & Friends and Middle-earth Enterprises & Friends.